IMF's Shinohara: Don't see hard landing for China

TakashiNakamichi

TOKYO--International Monetary Fund Deputy Managing Director Naoyuki Shinohara said Thursday that China's economy is likely to avoid a hard-landing even though no quick recovery is expected in recently weak Asian exports.

"There is certainly some risk of a hard-landing in emerging economies, particularly China," Mr. Shinohara said as he explained what are now posing threats to slowing global growth. "But as far as its probability is concerned, our view is that it is hard to predict if (China) will make a hard-landing, or a situation where its growth rate will decline from the recent 7%-8% range."

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.